Loss Prevention White Papers
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The Art Of The Customer
7/11/2013
Buy, buy, buy. That is normally the expectation of a customer in our consumption based society right? But, shouldn’t there be more to the role of a customer? Isn’t part of what a customer does is to drive the product they consume forward? Challenge the development of a product, or even make a producer/supplier/vendor a better organization to work with every day?
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Taking Inventory Of IAM: Identity And Access Governance Best Practices For The Retailer
6/24/2013
Retail IT teams face employee access management challenges on a scale unlike any other. Employee turnover rates can often be in excess of 70 percent, meaning that a new employee might get hired, onboarded and leave the organization all before HR (or even IT) ever learn of the employee’s hire in the first place. With thousands of employees subject to this dizzying cycle, enabling compliance with evolving regulatory requirements – including those that cover identity and access management (IAM) – can be a major headache for retailers.
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Retailers Take a New Approach to Addressing Out-of-Stocks - Part 2
6/13/2013
In Part 1 of this discussion on how retailers can reduce out-of-stocks and improve merchandise availability, we discussed the new market realities facing retailers, including tighter margins, shifting shopper behavior and the need for hyper-accurate inventory availability status. In this installment, we cover how innovative retailers are taking an integrated, intelligent and insightful approach to addressing issues related to inventory management and shrink management in a cohesive manner, often using RFID technology to achieve their most important goals.
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Three Key Considerations For Implementing A Successful Video Analytics Program In The Retail Market
6/4/2013
Five years ago, video analytics for retail applications offered a lot of potential, but not a lot of delivery. Not everyone knew what to expect and the idea that you could just push a button and all kinds of value would come out never came to fruition. However, with an application specific approach and the progress in technology, video analytics can now deliver useful information from both a loss prevention standpoint, and a merchandising and business management front.
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Shrinking The LP Gap In Mobile POS With Video
6/3/2013
The traditional cash wrap counter is an operational model that’s surely destined for obsolescence. Mobile point of sale (POS), mobile apps and mobile wallet technologies are gaining traction among consumers faster than anyone anticipated. And loss prevention (LP) professionals really need to be proactive about creating comprehensive retail programs and strategies to address the inherent risks posed by this self-checkout model.
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Do Cash Shortages Correlate To Shrink
5/30/2013
Although not reflected in inventory results, the loss of cash at the point of sale (POS) affects profitability. Because cash losses may be absorbed into the overall deposit amounts or because a series of small, individual variances are considered inconsequential these losses may not be recognized at the corporate level.
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Retailers Take A New Approach To Addressing Out-of-Stocks
5/16/2013
Retailing has always been a tough business, marked by demanding consumers, tight profit margins and intense competition. Retailers – even the most successful ones – also have had to confront and overcome various operational challenges such as managing inventories, controlling shrink, representing their brands in an innovative and attractive manner and maximizing every square foot of selling space, while improving shoppers’ experience.
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Infographic: How Is Interval Reinforcement Transforming Corporate Learning?
4/29/2013
This infographic talks about Interval Reinforcement - a concept that is playing a key role in the way organizations transform their learning strategies.
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How Will LP Leaders Drive Sharper Visibility In Retail?
3/18/2013
This infographic looks at the key sources of inventory shrinkage affecting retailers the most, the biggest contributors to shrinkage, how retailers can use integrated solutions to improve shrinkage numbers, and which visibility solutions are gaining retailer adoption.
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Attracting Shoppers, Not Thieves: Imaginarium Launches Retail Anti-Theft Program
2/25/2013
Imaginarium, a leading retailer of products and merchandise for early childhood education and children’s toys, likes to bill itself as having “the prettiest toy shops in the world.” But Imaginarium is savvy enough to recognize that aesthetically pleasing store environments do more than attract shoppers and their children: they also can attract potential thieves.